New bank registered

Release date
26 October 2011

The Reserve Bank of New Zealand today announced that PSIS Limited has been registered as a bank in New Zealand. It will remain a co-operative company and will be changing its name to The Co-operative Bank Limited.

There are now 21 registered banks in New Zealand, which are listed on the Reserve Bank's website.

Media Contact
Sonia Speedy
External Communications Adviser
04 471 3846, 021 663 082, sonia.speedy@rbnz.govt.nz